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IMF Team Promises Update on Talks by Week-End
by Jamaica Information Service


Posted: Nov 3, 2009 16:42 UTC

KINGSTON (JIS) - The International Monetary Fund (IMF) says that its mission in Jamaica is making progress in discussions with the Jamaican Government, and will provide an update on the talks by the end of this week.

This was stated in a release issued Monday night (November 02) from spokesperson, Andreas Adriano.

The brief statement read:

"The IMF mission currently in Jamaica is working closely with the authorities toward developing a strategy to address current economic challenges and define policies that could be supported under an IMF Stand-by arrangement. These discussions cover both the current and next fiscal years and the medium term, and we are examining a range of policy options. We are continuing to make progress. The Fund mission will provide an update on the discussions by the end of this week."
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